Legendary/Warner Bros.’ Godzilla x Kong: The New Empire continues to dominate the weekend box office, showing no signs of slowing down after an impressive $80M opening weekend. The film is expected to have a -55% to -60% drop in its second weekend, bringing in an estimated $32M-$36M. As of now, the Adam Wingard directed Monsterverse
The spring housing market is typically a time when prices cool down and competition eases as families gear up for the summer selling season. However, this year has defied expectations as prices continue to soar and demand remains strong despite higher mortgage rates. Normally, higher rates tend to cool both prices and demand, but current
According to Cleveland Fed President Loretta Mester, interest rate cuts could be on the horizon this year. However, Mester emphasized the importance of not pivoting to cuts too early, as it could pose a greater risk than keeping rates higher for longer. She believes that if the economy progresses as expected, it may be suitable
Cleveland Federal Reserve President Loretta Mester recently shared her belief that interest rate cuts will likely occur this year, although she ruled out the possibility of cuts at the next policy meeting in May. Alongside Mester, San Francisco Fed President Mary Daly also anticipates rate cuts in the coming year but emphasized the need for
Tesla recently released its first-quarter vehicle production and deliveries report for 2024, revealing some disappointing figures. In Q1 2024, the total deliveries amounted to 386,810 vehicles, while total production reached 433,371 units. These numbers represent a decline from the same period last year, where the company reported 422,875 deliveries and production of 440,808 vehicles. In
Singapore has consistently been ranked as the best geography in the world to conduct business for the past 16 years. Factors such as political stability and the government’s focus on technological advancements for domestic private-sector companies have contributed to its success in attracting businesses from around the globe. The Economist Intelligence Unit (EIU) business environment
Macy’s announced plans to close approximately 150 stores, which has opened up an opportunity for its retail competitors. Target CEO Brian Cornell and Kohl’s CEO Tom Kingsbury have both expressed that they see a chance to increase their own sales with the downsizing of Macy’s. Off-price chain T.J. Maxx is also poised to benefit from
Micron Technology saw a 5.4% jump in its share price after Bank of America raised its price target on the chipmaker. The Wall Street firm expects demand for high-bandwidth memory technology to grow significantly by 2027. This positive outlook from a reputable financial institution undoubtedly contributed to the surge in Micron’s stock price. Goldman Sachs
Doug Liman’s highly anticipated reboot of the cult classic 1980s film “Road House” has exceeded expectations on Prime Video, garnering over 50 million views in just the first two weekends after its release. This milestone has set a new record for Amazon, surpassing the viewership of any original movie ever produced for the streaming platform.
United Airlines is facing financial constraints due to late-arriving aircraft from Boeing, prompting the airline to request pilots to take unpaid time off next month. This move is a clear indication of how Boeing’s production problems and safety crisis are directly impacting the growth plans of its customers. The reduction in forecast block hours for